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Who Controls All of Our Money?

Big Sleazy

Active member
Sep 13, 2004
3,535
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I've often asked people where does money come from and how is it created ? In light of the Ford Gov't now passing on 30% of Healthcare costs to Municipalities in this Province. It might be a good time for the Ford Government. And every Government and citizen to begin asking these questions. This short video will help people to understand where money comes from and how is it created.

https://www.youtube.com/watch?time_continue=103&v=mQUhJTxK5mA
 

Insidious Von

My head is my home
Sep 12, 2007
38,285
6,538
113
Big Sleazy as Bobby Bacala said of Junior Soprano, "i"m in awe of you".

Most of the video is false but the freeze up of the money flow did lead to Two World Wars. The Greenspan Monstrosity is absolutely true, debt has been shifted by central banks to consumers. That will lead to future economic depressions, from 2008 onward.

That's why this clip is so important, especially since new types of synthetic CDO's (Collaterlized Debt Obligation) have been created since 09/2008.

 

glamphotographer

Well-known member
Nov 5, 2011
15,963
15,691
113
Canada
Money or currency could be worthless in an unstable political climate in any given country like Venezuela. That's why smart people buy gold.
 

hoorawr

Active member
Oct 5, 2008
356
78
28
Money or currency could be worthless in an unstable political climate in any given country like Venezuela. That's why smart people buy gold.
The US dollar is as safe as it gets, that’s why it’s the global currency

Nobody became rich buying gold like they have in capital markets over our lifetime
 

kherg007

Well-known member
May 3, 2014
8,134
5,678
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The illuminati or the larouch-ites ...maybe the queen...or a guy named Jim who lives in bahrain
 

Big Sleazy

Active member
Sep 13, 2004
3,535
8
38
We used to have Government created money and a Bi-Metalic standard. The money was created with little too zero interest attached. We built the Trans-Canada Highway, St Lawrence Seaway, all our major Hospitals and Universities. As well as the NORAD DEW System. Our Dollar was once valued higher than the USD. We had no inflation. No debt. and over employment. Not enough people for all the jobs we had.

What happened ?

And please. Don't ask me to have to answer that question. Just watch your property taxes, income taxes, sale of your taxpayer paid for infrastructure increase. Or does anybody here actually think any of these are going to be decreased in the near future or your lifetime ?
 

Mr Deeds

Muff Diver Extraordinaire
Mar 10, 2013
6,030
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Here
Ask any man who is infatuated with a woman he'll tell you who controls the money
 

Mable

Active member
Sep 20, 2004
1,379
11
38
Government controls the policy regarding banks making loans ( in the fractional reserve banking system, every time a bank makes a loan, money is created ); then the banks go to work. If the government policies are a disaster, well then, see the financial crisis of 2007/08. And yes, I think it is about to happen again, only on a bigger scale.
 
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